Transworld Business Advisors - South Yarra Phone : 0404 47 ****
Sean McBride
03 85 ****

0404 ****


SOUTH MELBOURNE CAFE FOR SALE $22 K PW

Listing Id : 264805

Location : Victoria - South Melbourne -Melbourne

Category : Cafe and Coffee Shop, Catering, Food

Asking Price : 215,000

Business description

Internal Ref: 32457-944488

Revenue | $1,148,940 pa

Rent | $135,861 pa

About the Business

Serving Coffee, juices, breakfast and lunch only. A simple menu with Frittata, sausage rolls, sandwiches and pastas served from the front counter makes for an easy model, freeing up the kitchen to control cooked to order items with ease. No Chef required.

73 total seating, 45 inside and 28 out. Arrangement with neighbouring tenants currently permitted.
Owner currently works 30 hours PW.

A strong name and brand stand also for this business with a very on trend and modern fit-out.

A strong online following on Instagram and Facebook with no active Marketing in place. This business is well known and thrives on word of mouth and reputation.

A huge well-equipped kitchen with rear lane access also comes with:

• Walk in cool room
• Gas convection oven
• Double sinks and rinse arm
• Upright service fridge
• Stick mixer, blenders, juicer, meat slicer and more
• Dish washer
• Deep fryer
• Huge storage area
• Hatch to front of house for ease of service
• Full exhaust &grease trap 
• Grill and 16 Gas burners
• 4 metre stainless prep bench

Location Details | Surrounded by offices, Fox and Triple M studios/offices, metres from South Melbourne market. A high tourist area with many Air B+B and serviced apartments also within metres. The sunny side of the street provides constant passer by traffic.

Lease | Two businesses: 12 and 16 years remaining, respectively 

Net Profit | $216,466

Rent | $2,612 PW

Hours | 7 days Café 

Skills | Staff Management, Customer Service, Basic Business admin, Coffee making a bonus

Training | 2 weeks

Potential | There is an upstairs area on this lease currently not under use, potential to renovate and lease as a residence or extend seating and open at night as a Bar. An outdoor area is included in this space, perfect for a roof-top style bar- subject to extension/amendment of current license usage.

Reason for Sale | Family and new business venture options

History | 18-year trading history

Keen vendor, genuine buyers are encouraged to Contact Sean McBride on**** **** for a full Information Memorandum.


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